Do you have an interest in trading? Do you keep yourself up-to-date with the latest updates in the market? Yes, then it shouldn’t be a surprise to you that CMS Prime is a new FOREX scammer in the lucrative world of FOREX trading. It is providing direct prices from liquidity providers that belong to top tiers.
Though CMS Prime claims to be a highly experienced, fair and transparent platform; it will be a good idea to keep on investigating. There are many users who are still waiting for their funds to get back into their accounts from CMS Prime.
A Detailed View about CMS Prime
The moment you come across a broker that is purporting in terms of providing something but is different in reality will strike your mind. As per CMS Prime Review, it provides chances for traders to trade through the internet. You will come across claims that promise to provide best trading conditions along with low tight spreads.
Nowadays, building an enticing website is no longer a big deal. Scammers including CMS Prime are taking this opportunity to fool traders by making false promises. Moving images along with exclusively designed banners are making the website look good at a first glance. Traders must be careful prior to investing their money.
Claims and Promises are Another Bags of Tricks by CMS Prime
Top scammers are experts in luring their readers. They make false claims for enticing newbie investors. If you sign up with CMS Prime, then you will come across numerous promises related to trading. There, you will come across deals that promise high leverage without any commission.
Is it possible in real life? No! Not at all! It will be a good idea to refrain from suspecting FOREX brokers that promise heaven for the purpose of delivering hell. Day by day, the rate of complaints is mushrooming at a fast pace! Going through the CMS Prime Review in detail will help a lot in finding out tricks that these fraudsters apply.
If you want to get a favorable return against your investment, it will be good to sign up with FOREX trading tools that guarantee high safety. Highly reliable and reputable FOREX platforms will make proper usage of your time as well as money. Top experts recommend trading tools that hold approval by top trading professionals.
Partnering with top FOREX trading robots will help in making real margins for gaining high profit. Highly credible and dependable FOREX robots meant for trading are highly transparent. The transparency makes them among top trading tools in the present market.
Nobody Knows the Name of the Owner of CMS Prime
It is very much surprising to note that the name of the owner of CMS Prime remains a mystery. The level of anonymity in association with the brokerage firm remains anonymous. There are no names about people who run this exclusive platform for trading. As anonymity is a highly dangerous character in association with danger, it is better to stay away with CMS Prime.
There is a lack of information about the actual name of the CEO of the FOREX firm is enough to confirm that it is a scam. As it holds the regulation of St.Vincent and Grenadines, it is clear enough that it is an offshore broker. Offshore brokers are notorious in setting rules and regulations that relate to financial losses.
Does CMS Prime Hold a Valid License?
It is a very disturbing fact that CMS Prime is among brokers that utilize false credentials. It uses a random licensing and regulation number for seducing investors searching for legit brokers. It will be a highly risky deal to go with such brokers as they may close down their shops anytime without issuing any notice to users. They simply make you gripe.
Another highly disturbing detail is that this broker uses a demo account that is totally fake. As per our CMS Prime Review, top scammers are rigging demo accounts in favor of their users. Though it seems to be a good thing from far, in reality it is just the reverse. Scammers know some of the best ways to set the trap to dupe traders in a tactful manner.
A newbie trader will definitely have the desire to mirror results. Signing up with a fake account will be a big blunder. The moment users will deposit their money with CMS Prime, they will start losing money fast. In short, shaking hands with this broker will be a horrible decision.
It will be a wise idea to go with trading robots that hold genuine verification by top professionals. Dependable trading robots will help you a lot in making money in a peaceful manner. Unfortunately, CMS Prime is not among them.
Lots of Excuses at the Time of Withdrawing Money
Depositing and withdrawing money are basic steps in association with trading. Here top scammers take the opportunity to cheat traders. At the time of depositing money, you will come across numerous exclusive options like MasterCard, Skrill, Neteller and Visa. Scammers are always after making money so they keep multiple options for deposits.
At the time of depositing money, there will not be any excuse. But at the time of withdrawal, you will come across lots and lots of conditions. All are to dupe traders in the worst possible way. This is where the problem starts. Whenever you will go to withdraw your money, you will hardly get your money back.
Isn’t it safe to stay away from such scammers?
Your Funds are Not Safe with CMS Prime
Among all negative feedbacks, another remarkable one is that your funds will not be in safe hands with CMS Prime. With lots of discrepancies in association with fund security, investors must think many times before investing their money here. There is hardly any information about the names of banking partners.
It is very difficult to make out the right place where CMS Prime deposits the money of users. There is a possibility that the money of investors will not be in safe hands. The FOREX company doesn’t follow any protocol. It pools funds in a single account. In case of bankruptcy, the broker will loot all your funds without any funding.
CMS Prime Hardly Involves any Live Chatting Support
Nowadays, live chatting support is a common feature in almost all top companies. Unfortunately, CMS Prime does not include this simple feature. There remains a small doubt that it is a scammer. The website that does not feature live chat can remain aloof from its customers.
Customers will not be able to make out what is happening with their money. Even if you mail them through online channels, they will hardly respond at any cost.
CMS Prime is Using Which Type of Platform?
As per the recent page of the platform, CMS Prime has MT4 as its online trading platform. Users can download the platform on both the desktop and smartphone. This is a way to test the validity of the platform. Surprisingly, the download stalls after reaching forty percent.
It is crystal clear that users will be dealing with an unstable platform. It will be a good idea to stay away from this fraudster broker. The best thing would be to shut down this company forever.
No single person is happy with them and they are under investigation many cases against them since they are scam and illegally cooperate in UAE their aim is collecting money ! I found many more dirty information about them no one can believe ! From the way they cheat people to make money ! To the crappy owner and games he play to cheat everyone
Big time scam taking people’s money and living i drama… with people money they buy luxury cars , luxury house … playing with clients trades and accounts manipulating all trades !!! why they are doing it ? because they want client lose their money purposely… they are fraud ! ask them where they are based ? where is owner ? what licenses they have ? why all clients have bad experience with them ? why everyone losing money ? Karma is bitch … I personally will not forgive them they have to pay all my money back ! they are in wrong place now
CMS PRIME is scam broker their name was CMS Broker before for several years . They play with spreads and settings to make sure clients loose their money. They don’t mind giving bounces for free because they know at the end they won’t let the customer take their own money back and they will make them loose.
They have no regulation, their regulation are fake
big time scam lost all my money with them and no one to go and complain to
I didnt have a single good experience ! My clients though ! I worked around 6 months with them not a big money but every time I complained they answered me with no logical reply ! My clients lost lots of money with them same experience ! They are saying they are regulated broker but they are not regulated and we noticed the only office they have is in Dubai but they pretend having office in US too .. Thats a game of most of brokers but big issue is not letting client makes money ! if they start making money they give huge slippage or for whatever reason change the price … opening trade price is never same as price you see ! lots of game and tricks.. I am really disappointed
Are you looking to lose your money ?just try them ! One office only and no regulatory ! No transparency high spread… tones of slippage ! They are basically pushing you to lose money !!!
Big scam don’t give your money to them
CMS PRIME is scam broker their name was CMS Broker before for several years after some fraud they changed their name to capital market solution and cms financial with Belize license with only one office in Dubai . they are telling every one they have office in US too but they are lying .. their Belize license is downgraded and they have only saint Vincent license which is not for fx .. they are not regulated in the country they are working you can check with SCA (UAE Regulatiory) https://www.sca.gov.ae/en/open-data/warnings.aspx
Their Sister company CMS FINANCIAL is black listed .. please check the website i mentioned . They are not regulated for the business they do.. apart of that amount of slippage .. huge spreads … playing with clients trades … forcing open positions to get stop out.. is not comparable with any other brokers.. Me and my clients lost big amount of money the are working with non regulated jurisdiction because they know those poor people can not even open case in DUBAI court ! thats the main part of game open account for clients in sanction part of the world and take their money because they know they cannot do anything and no complain! please give social awareness to every one
Big scam fraud …
Big time scam cheaters ,,, illegally taking people money not letting any one makes money by manipulating trades … big fraud
Scam with no regulatory , fully bbook, playing with clients money and trades … Their office is some where in Dubai under Belize license which is not forex ! They tell you they have Saint Vincent license but their office registration is not under that .. the only office they have in this world is in Dubai go to live chat they refuse to give office address because they know they are acting illegally
They are not regulated and they work illegally. Dont open an account with them unless u want to be cheated and loose ur money. What i suggest is Before opening an account get to know abt its owner and his background
It’s all a big scam do that the ceo can buy he’s expensive cars
My experience was a little disappointing I ain’t gonna lie. I don’t recommend trading with these people. It would be better to trade with some other forex broker like IQ Option or something.
Yes they are big scam ever doing lots of frauds … no regulatory … making money lose money in different way … I don’t know why no one is stopping them to take people money and buy luxury cars !!!!
My experience with CMS Prime has been positive in terms of customer support and user experience. The trading platform is very reliable and user friendly.
I am pretty satisfied with the service offered by CMS Prime.
I have been doing the forex trading for some time now and the type of features and interface CMS Prime provides, it really helped me in getting better and success in the forex market.
Really great forex trading platform, Great customer service with fast and relevant answers. It is convenient and easy to use for beginners also.
They are big time scam taking people money and make them losses they are playing with trades , giving slippage , widening spreads !! They are not even regulated no single regulatory !!! Check it your self all is fake ! Don’t trust them